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Watch Obama Make More Impossible Promises About The Budget
Two years after Obama promised to cut the budget in half by the end of his first term (it appears he was confused by math symbols: he meant divide by half), here he is again, reading from the teleprompter, and making a bunch of senseless promises that have no chance in hell of coming true. Most notably, Obama will promise to cut $4 trillion over the next decade. Of course since by $2020 the budget deficit will be measured in quadrillions, a $4 trillion cut out of $X quadrillion is actually perfectly feasible. Which is why we take back everything we said: Obama will absolutely come through on his promise.
Obama speech word cloud:
And full speech:
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Or he might say something like "It's hard to tell where the DTs end and an Obama speech begins"
Obongo can only read the script his joo masters approve of. They speak and his lips move! If he doesn't read from the script, they "Kennedy-ize" his ass. But they'll do it anyway when he's finished serving his purpose to them!
Lecturing about income disparity?? He can't be serious when he always refers to the stock market.
I just threw up in my mouth.
"...a person with disabilities so severe they need 24 hour care ..these are the people we'd tell America can't afford.."
Yes that's right Obumma, they have to look after themselves, it isn't a social(ist) cost
This guy cracks me up. He should be on Comedy Central
We can't afford the America you believe in ? Did I just hear that??? What then, we can only afford the America that Goldman and the CRONIES believe in ... Welcome to FASCIST AMERICA... Just remember Obama that the head of your economic commitee Jeffery Immelt and his FASCIST COMPANY GE didn't pay any taxes last year....
What bullshit!!!!!
HT to the Military Ind Complex..Adm Mullen expert on Fiscal matters as well.
Freedom of choice, is what you want.
Freedom from choice, is what you get.
4 tril over 10 years. Survey says : UGGGG ORRRRRN
Please try again.
my forward looking model predicted he would say that...
may i ask what exactly "winning the future" means?
it means he has no hope for his term to turnaround the economy, primarily because his debt spending is bankrupting the US Govt
ah, ok. got it. thanks!
Are you sure? I thought it had something to do with going to the local Circle-K, buying lottery tickets and a 6-pack of Billy Beer.
It means he will open for charlie sheen during his next campaign(comedy) tour. Winning, with the added boner of "the future".
LOL...unable to cut a measely $30 billion, only 1 day of Bernanke market pumping, yet TRILLIONS are cut down the line! Well Im glad to see this speech so stinks that its simply signaling an equity selloff.
Yep...he said the magic words, Dog. Tax increases for the rich. J. Dimon is not going to like that.
I hear him right now bitching about the top 1% and all, hell most of them are his advisors!
Snide remarks aside, this is a sad situation. Accountability has become a middle class problem. Special interest groups rule and money talks.
Meanwhile Government keeps awarding itself every benefit imaginable.
They can't even get a good US dollar rally going anymore. Once upon a time, they would window dress political commentary for a half a day.
very sad...
WTF Tell the people how the facist corporate Satan worshipping cabal is really in charge.
What a complete douche
Reform the medical system but no tort reform. I loathe this class warfare pimp.
"I loathe this class warfare pimp."
I second that emotion.
I guess the best we can do in 2011 and 2012 is TRILLION dollar deficits. Glad to know he is on top of this for 2020 though. lmfao.
I think his ice is getting thin.
i'm pleased he's looking at efficiency in Medicare and Medicaid by a commission of experts, Doctors, nurses and consumers ...but has he heard of the free market as apposed to Soviet-style central commissions on everything?
how are your Czars coming along Barack? Your Car Czar was a pension fund financier, your Jobs Czar is GE's CEO who laid off 36,000 staff and your Science & Climate Czars are marxist loonies who haven't a fuking clue what they're talking about
BS Artist in Chief, ayit
His plan includes a "debt failsafe"... I think we are saved... I'm surprised he didn't say we would be running surpluses by 2025. What a load...
Quit pickin' on Obama. You all iz racist.
Oooo!! Hes got a 'debt failsafe button'...just in case his clownish projections dont come to fruition...WTF is this clown even talking about?? Is ANYONE in america actually stupid enough to believe this sophomoric banter?
"ANYONE"... unfortunately 90% of the people that voted for him still hang on his every word.
"Is ANYONE in america actually stupid enough to believe this sophomoric banter?"
Do you doubt he'll be re-elected? There's your answer. Americans are narrow minded and intellectually lazy.
this will end badly for everyone except these guys.
http://topics.nytimes.com/top/reference/timestopics/people/m/angelo_r_mozilo/index.html
Yes I doubt he will be re-elected because by then we wont be having elections at all, he'll be president of the UN, the world govt ruling body.
I don't know, Dog...if anyone in America is stupid enough to buy this nonsense, but other people seem to think that Dancing with the Stars trumps everything...including making the rent and eating food that is not dirt. I've never seen the show, but so people tell me.
As for the market...I think its inhabitants are actually dumber than folk that watch Dancing with the Stars! I rather think those hockey helmets should be distributed on the floor of the NYSE...because those guys must be seriously stupid...holding stocks into any speech that President Obama gives.
Ive got a few in my family whenever I run into them on weekends its all about the latest Dancing with the Starz outrage or great news or whatever....really is a stupid failed country. The people are nothing but cattle.
America is the only country that went from barbarism to decadence without civilization in between. -Oscar Wilde
The important thing to note is that he intends to stay on as President until 2020 to make sure the job is done right.
Not funny
The bastard may very well try, he's ignored everything else.
Obama keeps bitching about the billionaires, hell most of the are in his cabinet or advisors!
Someone needs to overdub this nonsense speech with the teacher's voice from the Charlie Brown specials. "Wahh wah wah wah wahh wahh wah." It would have the same level of believablity. Who belives this shit anyway.
Too much bullshit for a Wednesday afternoon....
Obama's lips move and lies and disinformation are spoken.
Take his teleprompter away and he is a blabbering idiot.
Make QE III happen and he is FUCKED.
Take his QE away and he is FUCKED.
99% of American's will be FUCKED.
We (@ZeroHedge that know better) are all going to be DEFUCKED if we play this game correctly.
We can't play games to defuck it.
The more the bullshit, the more the serious. The only game relevant is "wack a mole", with your balls playing the mole.
hey defucked, you remind me of someone i use to know. not TIME magazine bastard of the year, either.
"So that's how our fiscal challenge was created. This is how we got here." President O.
*lol* You can't make this shit up.
you're right he couldn't make this shit up, he needed a team of the 'best brains' in Washington to make this shit up, the combined might of a brain the size of a peanut
Sorry, but I can't get through four minutes of it. As someone noted, just hire a professional teleprompter speaker. Hey why not outsource the job to some foreigner? Wait a minute, that's what we did. Anyway, nothing a good speach writer and a teleprompter can't solve.
The Obamaton speaks in teleprompt...
He's talking about:
* wanting to listen to ideas, lots of ideas...
*freedom...
*no matter where we stand...
*pursue our own freedoms and understandings...
*fellow citizens...
*sense of responsibility for each other...
*the proverbial letter from someone...
*I actually heard "God Bless"... a first... he must be trying to lure Republicans...
I've had enough... Nothing new hear. Getting ready for market meltdown within 60 days.
You've been Obamatoned
It's just like a credit car because there's no limit and you can roll you payments back into your balance, forever...
Oh, wait, that's nothing like a credit card.
I haven't watched this doofus for a long time...but I am sure he had his head tilted back just so, used a few 'no one would dispute that...'s preceding statements anyone with a brain would dispute, a few 'we can all agree that's before things no rational preson would agree with, and a shitload of 'let me be clear's before highly conflicted confused statements, and I can guarantee you that he beat the living shit out of a whole bunch of the only opponent in the world more feckless than he himself - his close friend, the strawman
Barack Obama is a sophomoric boob...he is also the biological son not of Barack Obama, Sr., but of one F.M. Davis....
I'm looking forward to the math questions kicking it up a notch.
Here's an easy one...
sqr(-1) = [ ]
Aw, time for Barry to trot out 'Kumbaya' all is well we're all FRIENDS and have worked so hard! And calling for more college 'encounter groups' to solve the wildly out of control debt. Whatever, you fraud!
PURE HORSESHIT.
"Let me be absolutely clear...neither I, nor any member of my Administration, have any idea what we are doing, how to fix the problems, or do anything except enrich ourselves at your expense. Thank you."
Don't talk about 20 years from now, talk about what you are going to do now, when you are president! The sheeple are waking up, so you have to start telling the truth.
its fun to turn down thew volume and make your own dialogue
We could eliminate the income tax, replace it with nothing, and still fund the same level of government that we had in the late 1990's.
FUCK YOU OBAMA!
I hope your wife gets lockjaw when she giving you a blowjob.
We could eliminate the income tax, replace it with nothing, and still fund the same level of government that we had in the late 1990's.
Maybe if he speaks anywhere close to Fukushima, his endless bullshit could seal the leak! That uranium would be saying "Please fucking stop already" faster than any TEPCO strategy yet.
We could eliminate the income tax, replace it with nothing, and still fund the same level of government that we had in the late 1990's.
Someone call "the Donald" quick
Part I: I'm a tea partier! I'm a fiscal conservative!
Part II: Paul Ryan's budget is a crock and has no merit
Part III: And if the spending is > where we want it, the next guy in office will make good on my promise in 2014.
Reality Part I: I've racked up the largest deficit spending in years
Reality Part II: I criticize medicare changes but cut the hell out of Medicare funding in my healthcare bill.
Reality Part III: We need to cut military spending - but I just got us into a new war!
What a charlatan.
LOL! Barry throws the 'I am a patriot, if you disagree with me then youre an enemy of the state' card? WTF, never thought Id say it but at this point Id really like to just get the hell out of this country.
I Believe I can Fly!
Politicians are hired by the American aristocrats to gauge what the masses desire and give them enough of hope to continue their productive capacity as worker bees.
This way the public can direct their anger at the politicians and not the actual puppet masters behind the scenes. Who are the puppet masters? Start with David ROCKEFELLER.
finished, at last! ..even more sugar coated dross than i could have imagined ..this speech was designed for 8 year olds to swallow ...utter crap
Speech over. Rally time. The green is now making me sick.
What's a kwawgmer? Is that kind of like a quagmire?
At least we know how to fix the economy. Just have to ask the billionaires to give money to the poor people. They were just waiting for someone to ask.
Watch more lies and meaningless bullshit numbers continue...
deliberator in chief appears to have foresight of 20/20 because his speeches are all crafted in hindsight.
and how can any president bind future president(s) and/or congress(es) to do anything?
under my plan if x does not happen by y then a will have to do b.
but he wont be there for x. he will be golfing during y. a will not affect him personally. b he wont care about happening.
wtf people.
I'm curious to see which comments/questions they take. The most popular comments on the youtube page speak ill of TPTB
Does anyone here have any contacts with the IMF when the SDR wil be used as the reserve currency?
Not a currency.
I've always had this sick feeling that Obama will try to get around term limits.
Ushering in a junta to depose the CIA creation that is Barry.....
Swell.
'Win the future' showed up 3 times.....
Win the Future is to Obama what #winning is to Sheen.
Wealth effect is to Obama what Trickle Down Economics is Reagan.
that is his new campaign slogan.
Hope and change kinda fizzled out.
My advice to you, start drinking heavily and buy Barbed Wire, Guns, Ammo, Gold and Silver, ayit beeaotchez.
It's almost like tortue listening that retard and other retards in the government follow-up on the speech-- these guys don't know what it means to be economically viable-- they try to spin words to continue the slavery that is current financial world order.
Anything else won't be aired on MSM as these fucktards don't want to disturb the applecart they so greedily have become accustomed to-- there is a special place in hell in for these monkeyfuckers.
no one in obamas inner circle has ever built a small business from scratch. 99 percent have never worked in the private sector.
Keep the lying Kenyan lizard talking, silver is up over $.25...
What do you need Gold and Silver for if you're planning on 'penning/pinning yourself in'?
You going to eat the gold and shit jizz covered jewelry?
Who the fuck is Beav and fatty? Are those obamorons on his 'team'?
What? Anybody thought he was serious? All to the state. If there's anything left over from your labors, well, maybe you can have a little bit. From each, to each...
"Two years after Obama promised to cut the budget in half by the end of his first term (it appears he was confused by math symbols: he meant divide by half), "
that's funny!
"We've stopped increasing the size of the deficit each year?"
Did he say that?
Does this guy get to touch the steering wheel?
He is talking about the second derivative.
The acceleration in the size of the deficit is decreasing.
Obama makes black folks join the KKK.
I thought you eurosnobs who think americans are so uneducated love Obama. He is anti-american too.
Eurosnobs have the same choice come election time as you Yanks... Obumma (progressive) and McCain (progressive) ....we're all Socialists now and no way out come elections because there's no choice, the marxists have cornered the market in politics
born free, sucked to death by socialists, get used to it
ahhhhh, I feel better now - got a map of Hawaii across my belly...............
Doublespeak n. Obscure or ambiguous language, esp. if meant to deceive.
Someone should ask this idiot if it might be government payouts that make the cost of everything go up.
well President, it's an absolutely splendid plan, pure genius; I'm so excited that I can hardly wait. Let's start immediately, right now, today, let's get it going.............wait a minute, you say it has to be phased in over time... like 12 years but you won't be President then; uh ha, ok....in the meantime, could you lend me $10 million and I promise to start paying you back in 12 years or so...if I'm still in the country of course!
if you're on top of the issues i think it would have been tough to sit through the speech. i listened for all of 5 minutes then had to mute. the debt is so massive i see no way out except through painful measures that the country is not yet ready to accept. i know you gotta start somewhere (cutting) but i don't think it'll happen without a collapse first.
you notice no real cuts have to start until 2014 when obama is halfway through his second term.
Spent fuel pool at Fukushima reactor 4 has become open air reactor as spent fuel rods are admitted to be damaged and undergoing nuclear fission since March 13th:
http://saposjoint.net/Forum/viewtopic.php?f=66&t=2657&p=31780#p31780
The spent fuel rods are a great metaphor for the US government debt.
The words eminate deep from inside the DEMONPROMPTER.
The Kenyan is just a word portal....
LOL - DEOMONPROMPTER - Rack it! Into the ZH lexicon it goes.
Res publica mortuus est, vivat imperium
I can't wait for the sextillion.
so is "reduce spending in the tax code " the new way to say tax increase ? i am new so some of the nuance of this stuff is beyond me
Losing the present!
You all realize that this speech was targeted for the American population at large. Its vague idealism should sit well with the MSNBS crowd and their commentary. It sounded centrist, fair and very reasonable to the non inquisitive mind.
You have just witnessed the Obama re election theme. You will hear more of it every day for the next 2 years. Time to load up on barf bags. You have been warned.
Yeah I think it is funny to hear from a Kenyan anti-colonial socialist
THE UNITED STATES IS THE GREATEST COUNTRY IN THE WORLD!
Obumma won't get re-elected. Fact
Douchebagsaywhat?
Huxley-I agree but add it ain't just the American aristocrats -it is the anglo-elite and they are certainly across the pond as well. (Rothschilds,et al) The ruling elite are working together for their 'One World, One currency takeover.
BTW, I want to give all of you a big hug for listening and reporting on "The Speech" for me, b/c I simply can't stomach that SOB any more. Some of you had me laughing out loud. Just be thankful he had the teleprompter. Can you imagine how long "The Speech" would be if you had to endure all of the "and um's"? I thought about creating a drinking game, with a shot for each "and um" but I thought better after realizing my liquer cabinet, including my 'barter bottles' was not nearly large enough!
Yes we can, yes we can
ha ha ha
even close team members cannot stand that crap anymore
http://abcnews.go.com/Politics/video/biden-falls-asleep-obama-debt-plan-...
check lady with glasses in row above... she's fighting to stay awake too!!! :-D
More bullshit the American people are supposed to believe in.
LOL
Does anyone even believe a word out of this asshats mouth anymore?
If Obama told me that grass was green, I'd have to get some independent analysis, because he's lied so many times to "we the people" before. Remember the whole, "I'll bring home our troops from day one! line of bullshit he fed us during the last elections? I wonder how many lies 1 billion in campaign funds will buy?
Some still do. That's why they'll be even more miff'd when the magic show is over.
Does anyone even believe a word out of this asshats mouth anymore?
Change "you can believe in". But don't worry. TPTB will have another smooth-talking huckster ready by 2012. Then the phony red/blue debate can continue while the adults do the real work behind closed doors.
I'm optimistic. The rest of the world is swirling down the drain faster than the US. So I hope we keep exporting inflation. The (ecomomic) war of attrition will be won.
niggerBO: i put off shutting down our government so i can be here with you today, at george washington university.
or as the white house prints it GW. see they don't even need to spell out the entire university name, what arrogance. like everyone that reads this press release, knows what in the fuck GW stands for.
I love you velobabe. Where is trimmed hedge. Never see her around anymore.
will he cut $4.4 trillion in 10 years or $10 in 4.4 Trillion Years?
a maths question for Timmay Gitner probably too 'taxing' for his peanut of a brain
obama is a liar....
www.obamacrimes.com
Obummer: What a Fucking Moron
I just saw a picture of Obummer with teleprompters set up to give a speech to 1st graders..
George Bush... give the new tool your Dunce Cap...
yeah I hope he doesn't tell them there are 57 states and mispell Libya again.
It's sad how the MSM jumps all over "rabid ignorant conservatives" since that
is a great meme. However when Obama and his gang make serious mistakes
it is ignored by the MSM. Obama is truly a dunce. A typical affirmative action student.
All of this talk of budgeting and high finance calls for some new math. Never fear, Oliver is here!
When the going gets tough, I just educate myself and then develop some brand new ideas. All of this seemingly intractable budget stuff will be properly addressed by my soon-to-come mathematical constructs.
That LaPlace guy still owes me, however. Heaviside Transforms sound much better.
I watched it.
It was funny as shit.
Did Obama really say a trillion dollars in tax increases was "decreased tax spending?"
Is that the new euphemism for tax increases?
"Tim Geithner in the house"
- Obama
Yes let's tax the hell out of the only segment of the population that actually produces anything.
Yessir people socialism is alive and well. One warning though
We are tired of paying for your partying and have adjusted our assets outside of the countries accordingly.
Life will be a biotch when all of sudden yu all wake and have to actually work for a living instead of going to the food bank, welfare, and volunteer work
At some point very soon, teh last taxpayer will leave the building with all of you stuck inside.
It won't be pretty,
while you partied in high school we worked 2 jobs, while you had brats at 16 we practice3d safe sex, while your parents went to the welfare office and worked under the table, we went to university and worked graveyard shift falling asleep in exams the next day,
While you took loans out for fancy cars and trucks we took buses and bought 1000 dollar beaters. We saved every nickel and bought out houses and lived within our means while you bought mansions on credit and got bailed out by the government.
You in government are no better, we in private business pay our staff to calculate your cut on everything we sell and produce, while you politicians blow every f'ing nickel you tax us on fat union contracts, and patronage of your friends. You then take us to court for more when we screw up from working 23 hours a day filling in forms and trying to make payroll. You get your blood without ever producing anything.
And you expect us to support you by submitting to tax increases?
F you
He knows this. I don't know what your tax bill looks like, but you sound alot like the demographic he has to get for the next election. Oh he is still going to tax us, but if he gets rid of all itemized deductions he will make the rich and the poor pay more without changing rates.
It is bullshit that somebody can buy a McMansion, lever it up 125% or even 150% and deduct all the interest from tax. It is bullshit that every child kicks back money to both of the single parents. Not just a savings to buy diapers, but actually pays people to have children and pays them MORE to have them illigitamately/brady bunch style.
If he is going to do what I think he is going to do, it is a massive win, for once, for dignified honorable people who work hard and live within thier means.
You are fucking delusional.
Sorry, but this pure BS. Anyone who doesn't have their head up their asshole, knows this is just pure nonsense. And I'm a real progressive. Listen no change is going to happen until the system collapses. Obama is a tool of the eliete, like most presidents have been going back over 50 years now.
This is nothing more than election talk. And btw. He and other runners now need to raise 1 billion USD to even run. What does that tell you? It tells me the system is broken! And a reset is on the way.
Prepare for the worst!
Is it too much to ask that our puppets are at least entertaining, or likeable, or something?
Hey don't worry. He must be serious ...
o The creation of a committee chaired by Vice President Joe Biden and including members of both parties and houses of Congress, to begin meeting next month in order to "agree on a legislative framework for comprehensive deficit reduction"
He's got Joe Biden on the case.
Budget process.
Spend 2 weeks creating massive field of bullshit to make budget that isn't totally fucking laughable and makes every american on the planet scream for gold and silver. Pass it. Every american doesn't believe it and drives up gold and silver higher anyway.
Yes they are going to devalue your dollar 1.6 trilliion/14 trillion = 11.4 percent through inflation. That's if they don't try to profit from it. Which they will so it will end up 30 percent inflation.
I got past the captcha can I have my money now Obamasan
Charge Ben Bernanke with Treason. Impeach Obama based on citizenship. Get rid of these clowns asap.
All this fucking asshole does is lie through his fucking teeth. He says one thing and does the exact opposite. It never ceases to amaze me how clueless the people of America are, and how if they woud spend 30min a day reading the stories on this site their collective brains would explode, that is, if they could even begin to comprehend how fucked we are.
Hey I missed the speech - did he talk about sound money and abolishing the FED?